“By enhancing transparency and providing more accurate oversight of forex transactions, we send a strong signal that the CBN is serious about fair and efficient markets,” he added.
Mr.
Cardoso, who marks one year in office as CBN Governor, this week, told his audience that leadership, especially as the head of a central bank, often requires making difficult and sometimes unpopular decisions.
While noting that containing inflation remained the Bank’s core mission, he acknowledged that the CBN was yet to meet its target.
Highlighting key leadership lessons, Cardoso said, “Leading through challenging times means avoiding the temptation to take on too many initiatives.
The Central Bank must focus on its core mandate of price stability.
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